What are the legal requirements for establishing a business in my state?
The legal requirements for establishing a business in your state will vary depending on the type of business you are trying to establish. Generally, most businesses must be registered with the Secretary of State or other applicable local agency and obtain any necessary permits, licenses, or certifications from both the state and local jurisdictions in which they operate. Depending upon the type of business entity you choose (such as an LLC, corporation, partnership), additional filings may need to be made with those entities regarding ownership information and operating agreements. You may also need to register any assumed name that you might use for doing business, such as a fictitious trade name. In addition, employers must comply with all federal and state laws pertaining to employment practices by obtaining workers’ compensation insurance coverage as well as complying with wage/hour laws and other worker protections. If your company engages in interstate commerce, then there could potentially be additional compliance obligations imposed at both the federal and/or state levels that would apply specifically to your industry or activity (e.g., food safety standards for restaurants). Therefore it is important that you speak with an attorney who is familiar with businesses like yours so that all applicable regulations can be identified up front before operations begin.